Fox will also review options for its 39 percent stake in Sky after Comcast outbid Murdoch's group with a 17.28 pounds a share offer for the pay-television group, the source said.
(Reporting by Ben Martin, Editing by Paul Sandle)
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5-day change | 1st Jan Change | ||
37.87 USD | -5.82% | -4.42% | -13.64% |
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LONDON (Reuters) - Rupert Murdoch's Twenty-First Century Fox expects Sky independent directors to recommend Comcast's $39 billion bid, after which Fox will concede defeat in the battle for the British broadcaster, a source with knowledge of the matter told Reuters.
Fox will also review options for its 39 percent stake in Sky after Comcast outbid Murdoch's group with a 17.28 pounds a share offer for the pay-television group, the source said.
(Reporting by Ben Martin, Editing by Paul Sandle)
Price
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Change
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5d. change
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Capi.
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112.8 USD | -1.01% | +0.30% | 207B | ||
- GBX | -.--% | +0.03% | - | ||
1st Jan change | Capi. | |
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-13.64% | 150B | |
-12.77% | 8.8B | |
-3.32% | 4.35B | |
-27.87% | 3.61B | |
-8.56% | 2.55B | |
-32.99% | 2.45B | |
-11.15% | 1.91B | |
+34.67% | 1.69B | |
-8.43% | 1.56B | |
-1.52% | 385M |